Monumental Life Insurance Company v. Lindsay Puckett

This appeal stems from a declaratory judgment action determining the rights of the parties to a life insurance contract. On appeal, the insurer asserts that the chancery court erred when it found that the agent for the insureds was acting outside the course and scope of her authority when she terminated the life insurance contract. Further, the insurer asserts that, even assuming that the agent was acting outside the course and scope of her authority, the insureds ratified her actions. We reverse and declare that the insurance policywas not in effect at the time of Mr. Puckett’s death. We remand for a determination of whether Ms. Puckett’s actions constituted a violation of section 56-53-103 of the Tennessee Code, and if so, the related expenses the insurer is entitled to receive pursuant to section 56-53-103.